Cobalt 27 Capital Corp. completes C$97.8 million bought deal offering

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On December 19, 2017, Cobalt 27 Capital Corp. (the Company or Cobalt 27) (TSX VENTURE: KBLT) (FRANKFURT: 27O) closed its shelf prospectus offering, on a bought deal basis, including the exercise in full of the underwriters' over-allotment option. A total of 9,315,000 common shares (the Shares) of the Company were sold at a price of $10.50 per Share, for aggregate gross proceeds of $97,807,500.